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NGX Rallies ₦598bn on Strong Bullish Sentiment The Nigerian Exchange Limited recorded a strong trading session on Wednesday as investor optimism returned to the equities market, pushing total market capitalisation up by N598bn to close at N106.78tn. The increase reflects a 0.56 per cent rise over the previous session and underscores growing confidence among investors […] The post NGX Rallies ₦598bn on Strong Bullish Sentiment appeared first on Economi Confidential…Read More

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Dangote Refinery Commences 24-Hour Petrol Loading The Dangote Petroleum Refinery has commenced night-time loading operations as it intensifies efforts to sustain a daily supply of more than 50 million litres of Premium Motor Spirit (petrol) across Nigeria, signalling a major shift to full 24-hour operations at Africa’s largest refinery…Read More

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FG Ends Signature Bonus Refunds Under Ongoing Oil Sector Reforms The Federal Government has warned prospective investors in the 2025 oil licensing round that any errors, miscalculations, or disappointments arising from the bidding process will be borne entirely by the companies involved, stressing that there will be no refunds of signature bonuses or exchanges of […] The post FG Ends Signature Bonus Refunds Under Ongoing Oil Sector Reforms appeared first on Economi Confidential…Read More

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FG Targets Revenue Expansion, Tax Compliance as 7.5% VAT Takes Effect on Mobile Transfers, USSD The Federal Government has announced the implementation of a 7.5 per cent Value Added Tax (VAT) on selected electronic banking services, citing the need to strengthen tax compliance, broaden the revenue base and align Nigeria’s digital economy with existing tax […] The post FG Targets Revenue Expansion…Read More

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World Models: The Next Big Shift in Artificial Intelligence By Fom Gyem Artificial intelligence systems like ChatGPT, Gemini and Claude have become household names. They write emails, answer questions and generate content at impressive speed. But despite the hype, these tools all share a major limitation: they don’t actually understand how the real world works…Read More

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